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In retrospect it was a cunning plan to get $100B from the Musk-faithful to build Terafab. Intel is in, AmericaFirsters support it and Taiwan should feel less se
by 3asj176 2mo ago
In retrospect it was a cunning plan to get $100B from the Musk-faithful to build Terafab. Intel is in, AmericaFirsters support it and Taiwan should feel less secure now.
The stock price is of course ridiculous: Intel lagged behind TSMC, but apparently Terafab has orders for ASML's latest gen machines (2nm). If Intel will manage to get a yield, we'll see.
All this space and AI stuff is marketing. The IPO was to get free money for a serious TSMC competitor.